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MSNBC
Jan 2, 2013 7:00am PST
to the victims of hurricane sandy. let me play for you what republican congressman steve latourette said this morning. >> the same chuckle heads who j jet jetisonned planned b, i guess they don't have tvs. that don't make sense to me. an emergency is an emergency. these are americans who are suffering. >> chuck schumer is going to have a news conference at the bottom of the hour. was dealing with that, too, too much? >> i was up on the hill last night, chris, and lawmakers from new york and new jersey were livid because they had been told there was supposed to be a vote. if they don't get anything done by tomorrow, they do have to start all over again. usually there is a tradition in congress of coming together over these big emergencies so there may be another step added today but that time is just running out now. maybe it's a little bit of retaliation on the republicans because they didn't want to see -- be seen as just spending more money, no matter what for after they just did this big, you know, fiscal cliff package. >> and, jim, speaker boehner's spokesman said they're committed t
CSPAN
Dec 30, 2012 12:35am EST
not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is checked the risks and then the location details. but that is a whole different ball game. >> my name is carol stone. do you think the mayan calendar this year will have any effect? and what is the effect of the population in the world -- a billion on this issue of carbon -- >> violation? >> that -- there is a number of factors. when you look at local government in emissions. if there are more people on the planet burning carbon for energy, we will be adding more carbon to the atmosphere. on the other hand, people who are living in a western-style exist then use a lot more energy than people in the developing world. one of the terms in the product of terms from which we deduce future carbon emissions is global population. we tend to believe the global population will stabilize with 10 billion people by the middle of the century because
FOX News
Jan 2, 2013 3:00pm PST
. this time, over the hurricane sandy aid bill. lawmakers from new york and new jersey call the lack of progress, failing to get t a vote, a disaster. shannon bream sorts it all out. >> the most disgraceful action i have seen since i have been here. >> disaster on top of a disaster. >> house republicans who oppose quick package of the sandy aid bill are blasted from both sides of the aisle. pew lawmakers like california isssa say they would never vote for a bill with pet projects that having no to do with those devastated by the storm. >> the senate didn't do their job. they sent us pork and they left town. that was wrong. >> critics of the senate bill that was going to be broke on the separate house votes, $27 billion primary bill and $30 billion amendment says it was loaded with pork. they point to $600 million for the epa to is up profit climb change issues. 348 million for the national park service. $188 million for amtrak. among other things. >> i doubt that issa would say when california god forbid has an earthquake, or a fire, that relief to them is pork. he has not. i'm infur
CSPAN
Dec 29, 2012 9:05pm EST
were here. i'd like to begin with hurricane sandy. you are a teacher at columbia, you live in manhattan, where were you when sandy was approaching and when sandy hit new york? >> i was on our farm in kintnersville, pennsylvania, where we ended up losing power for better part of the week, and four big trees blown over, the railings blown off our deck and windows blown out of the barn. so even in pennsylvania, which is separated from the atlantic ocean by new jersey, we still -- >> thanks, new jersey. >> new jersey didn't do much to buffer it. but that's where i was. and we -- you know, the lights went out and we heard these noises on the second floor as the -- as these railings were getting blown out. it was a -- a -- little, i don't know, just an interesting experience. >> your first -- first biggest storm like that, you got other storms was this bigger than -- >> i think this was the biggest one that i was in. even though i'm from western iowa, where we would get these tornado warnings all the time and have to go to the basement, but we never got hit by a tornado. so i think this was t
FOX Business
Jan 2, 2013 11:00am EST
attend sandy hook elementary school in newtown, connecticut, will be heading back to school tomorrow. they will be using a school in a neighboring town where their old classrooms have been completely re-created. back to connell. connell: thank you very much. we will go back to the markets here today. a big day for the markets. oil has been up. sandra smith is with us with more in the tray today from chicago. sandra: hey, connell. oil is a point of focus right now. it is topping $93 a barrel. this as the stock market rallies and we get a very weak dollar. what do you do in this environment? oil is above $93. >> i think it is a weak dollar. europe, japan in the u.s. all have their issues. with the european union, the banks are still leveraged at 2007 levels. i do not think the story in europe is over. with the news coming out, the numbers are good. we see expansion coming in at the 95 level. when we look at things like oil, we also look at things like gold. what is the play following the fiscal cliff deal? >> i like gold. the liquidity is so huge. my rule of concern as a traitor is the
CSPAN
Jan 2, 2013 1:00pm EST
represent districts that are impacted by hurricane sandy, came to the floor of the house expressing their anger after getting word that the house republican leadership wasn't planning to take up any supplemental spending measure. helping those affected by the storm in october. the senate did approve a $60 billion measure on friday. new jersey governor chris christi also expressed his frustration, speaking from the governor's office in trenton this afternoon, he just wrapped up a press conference, and here's a quick look at what he had to say. >> new jersey and new york are among the most generous states in the nation to our fellow states. we vote for disaster relief for other states in need. we are donor states. spending much more -- sending much more to washington, d.c., than we get back in federal spending. despite this history of unbridled generosity, in our hour of desperate need, we have been left waiting for help six times longer than the victims of katrina, with no end in sight. americans are tired of the political partisanship of this congress which plays one upsmanship ahea
CNN
Jan 2, 2013 9:00am PST
not bring forward this vote on hurricane sandy disaster aid for new jersey and new york. it's got a lot of people who are scratching their heads and are angry this did not happen. i want you to hear what one of the fellow republicans said against boehner. >> when katrina hit, ten days later, $60 billion. $100 billion altogether. now we have to hear from people in florida, louisiana, and texas and alabama and, yes, some people from california and the midwest, when they have a disaster, and we were there for them. the rules change for us, and it is now not an emergency and the federal government doesn't have a role in this? absurd, absolutely absurd! we demand nothing less than we have given the rest of the country, an emergency disaster means emergency and disaster. >> nobody wants a special favor. nobody is looking for a gift or anything else. when your people are literally freezing in the winter and they're without food, without shelter and without clothing and my own party refuses it to help them, then why should i help the republican party? i will stand on the values and principles t
FOX News
Jan 2, 2013 6:00am PST
and teachers who survived the tragic shooting at sandy hook elementary. this is brand new video of them heading to their new temporary school for the first time since the shootings. it is in the neighboring town of monroe, just seven miles from the shooting site. david lee miller is live from there now. david, can you tell us what the plan is? >> reporter: this is a very special day, arthel. the plan today is to what is being described as an open house here in monroe. students and parents this afternoon are going to visit the chalk hills school. this is going to be the temporary school, at least for the foreseeable future for students who attended sandy hook and there are signs up all over town well coming the students and welcoming their parents. you might recall that the principal of sandy hook was killed during that rampage so valiantly trying to save the lives of students in her care. now the interrim prince approximately -- inches principal was come out of retirement for sandy hook posted on the school's website this message quote i want students and families during the loss of their preci
CNBC
Jan 2, 2013 2:00pm EST
this hurricane sandy relief bill. so there are a lot of fights still to come here maybe. >> strong words, eamon, but right now let us bring in steve liesman. does this deal increase or decrease yield deficit? >> yes. >> what? >> yes. >> that's the perfect economy answer. >> perfect political answer. >> no, no. and it bears on everything john said. it bears on everything eamon said. because the answer to the question you just asked is directly related to the fight we're going to have. it depends on the outlook, blue or red glasses, and what measure you use. let me show you the estimate in the last day. effect of the fiscal cliff on deficit. so what's the problem, steve? it raises the deficit. not so fast. all of that is relative to the march 2012 baseline of what would have happened had the bush tax cuts all gone away. nobody thought that would happen but that's the law. there is another way it look at it, which is what happened to the deficit as a percent gdp and that's how the market looks at it. we did these calculations. these are back of the envelope stuff. 2012, 7%, 7.2%. had the old law s
FOX News
Jan 2, 2013 8:00am PST
to watch it. anna, thank you. jon: superstorm sandy caused so much devastation when it slammed into the northeast. the senate approved billions of dollars in aid to help the victims. why those affected won't be seeing any of that money anytime soon. [gunfire] >>> plus one of the deadliest attacks in weeks in syria as the violence there only gets worse. how much longer than the assad regime last? ambassador john bolton with his thoughts next. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help save you up to thousands in out-of-pocket costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. join the millions who have already
FOX News
Jan 2, 2013 10:00am PST
staff nine schools there with armed and uniformed guards, just days after a gunman stormed sandy hook elementary school on december 14th. 20 young students and six teachers died. parents in marlboro say they support the move. >> i think it's a good idea after the shooting up in connecticut and just to make the kids feel a little safer. >> it makes me feel safer 'cause i know what happened to the kids and it makes me feel really safe. >> is there any emotional event to this, i personally have a hard time talking about it and seeing the images. >> megyn: marlboro's superintendent says the officers will be at the schools for the next three months while the town figures out if there are more cost effective ways to keep the schools safe. and now, the latest on the survivors from the shooting at sandy hook elementary as they prepare to return to classes. students today did a walk through of their new school and the nearby town of monroe, connecticut and the town local officials are going to great lengths to make this transition as easy as possible on the children. david lee miller is live n
CNBC
Jan 2, 2013 7:00pm EST
political battle today over hurricane sandy aid for hard-hit new york and new jersey. i'll bring you all the tough rhetoric when we come back. >>> and yet another big story brewing for tomorrow. john boehner, he could be facing a real challenge for his job speaker of the house. ace acosta is all over this story. "the kudlow report" begins right now. >>> back to the rally on the streets today. that is the total sizzle story. check out these numbers. in case you missed it, dow added 308 points. nasdaq up 93. s&p 500 surging 36. cnbc's kelly evans joins us with all the details. good evening, kelly. >> larry, good evening, from down here at the stock exchange where you practically would expect streamers and champagne. the kind of day we had to put in in context, the likes of bill gross saying he sees stocks up 5% for the year, we did 60% of that in the first trading day. a lot of people are pointing to this that there could be many better things to come than just 5% in stocks. we saw the best start to the year, at least in percentage terms for the major indexes since 2009. the russell 2,000,
FOX News
Dec 30, 2012 1:00pm PST
storm sandy, but the relief is hardly a done deal because the bill faces an uncertain future in the house. molly henneberg is live in washington to ex it. >> there are a couple of reasons why the sandy aid legislation may along wish in the house. price of the bill and number two the calendar. let's go to number one. some conservative lawmakers are uncomfortable with the $60.4 billion aid package passed by the senate. a congressman says congress needs to figure out where to get that money. >> i'm saying this is somebody who knows it may be me next. it may be my district. somebody has to pay for it. it's right thing to do. we can't continue to borrow this money to pay for things we wanted. we have to find that savings someplace else. >> reporter: the possible holdup in the house prompted the governors of new jersey and connecticut to send a letter to lawmakers leaning to them to approve the money. senate has passed this aid package in a bipartisan manner and there is no reason the house should not do the same. with the house reconvening to avoid the fiscal cliff, remember that
CSPAN
Dec 29, 2012 11:30pm EST
[applause] sandy. new york? to place it in a modern context, we have to turn to proxy data like coral and ice to piece together the puzzle of how the climate buried in the distant past. it showed it was relatively warm. it was about a thousand years ago. recently that exceeded anything we have seen. it was featured in the summary for policy makers in 2001. when it became an icon, those who find the science inconvenient saw the need to try to discredit this graph. they saw discrediting me as a way to do that. some have been attacked for the work they have done. i was also bill of five. my book tells the story of what it is like to be a scientist and find yourself in voluntary and accidental public figure. i was put in the limelight in limelight. [laughter] stick metaphor -- >> yes. that, if we as scientists are talking to the right people. reflag that we would not tell you but for fear that you might >> you are relatively new todid you know what you're getting a career in atmospheric change? having studied under steven the public scrutiny. 98%. the backlash. >> what happened? there was an incr
FOX News
Jan 2, 2013 3:00am PST
in anger when the hurricane sandy relief bill didn't get acted on. >> absolutely indefensible. we have a moral obligation to hold this vote. >> this is an absolute disgrace. and the speaker should hang his head in shame. >>steve: that was a republican and a democrat. what went wrong and how long will the victims of sandy have to wait? even though congress can't agree, our congress is still united on one thing. football. today we're joined by two of our nation's greatest coaches. talk about notre dame facing alabama. "fox and friends" starts now. >>steve: hello there folks interested in the fiscal cliff on this second day. >>brian: why wouldn't they be. when you went to bed, john boehner served up two possibilities. one you could vote on the senate bill which passed overwhelmingly. two, the house might amend the senate bill and add a bunch of spending. he didn't have enough votes for that entree and in the end a whole bunch of republicans voted for the senate bill, although a whole bunch of republicans voted against the senate bill. it has passed. >>juliet: pretty amazing all the drama
CNN
Dec 31, 2012 2:00am PST
-on embrace of president obama for helping sandy-ravaged new jersey came days before the election and had no noticeable effect on the presidential race but some republicans think christie didn't have to be that -- >> if it's a legitimate rape, the female body has ways to shut that whole thing down. >> a combo team from the say what categories, richard murdouch of indiana and todd aiken. >> even when life begins in that horrible situation of rape, it is something that god swended to happen. >> dreams to take control of the senate in 2012 had dwindled throughout the year but aiken and murdoch pretty much shut that door in a couple of sentences. plan to prevent employers from hiring undocumented workers. >> people who have come here illegally won't be able to find work and over time those people would tend to leave the country or self deport. >> self deportation by undocumented workers was not by itself responsible for romney's dismal showing among hispanics, but certainly greased the skids. for which romney would have liked to have had aa mulligan, there was this. >> 47% of the people who w
FOX Business
Jan 2, 2013 9:20am EST
the fiscal cliff deal just stopped. superstorm sandy destroyed 72,000 homes, but congress failed to act on the recovery bill there. the senate approved a 60 million dollar measure friday, the house did not vote on it. both republicans and democrats from the northeast especially, they're not happy with it. here is new york congressman michael grimm. >> and lost family members and now, i have to go home and tell them their new years gift they're going to wait even longer, even longer for something they should have had over a month ago. stuart: okay, fair point, but look, we've got to point out that the senate bill was loaded with pork, help for alaska's the vote was not taken on the sandy relief measure. you remember the newspaper that published the names of gun owners in new york counties? those gun owners were outraged. now, you won't believe how that newspaper is responding. that will be new at 10. and also, the top of the hour, the n.r.a. calls for armed guards in every school and now one town in new jersey, following through with its plans to put guns in schools starting today. back
FOX Business
Jan 2, 2013 1:00pm EST
house held today at a school for students who survivedded the massacre at sandy hook elementary school in newtown, connecticut last month. classes begin tomorrow at a former middle school nearby where workers and teachers have been painting and preparing classrooms. prosecutors and defense attorneys in the colorado shooting case say they are ready for key hearing next week when prosecutors outline the case against james holmes charged with killing 12 and wounded dozens of others in a movie theater in a denver suburb last july. the judge will decide if there's evidence to put holmes on trail. that's a look at headlines making news this hour. back to you. >> uma, thank you so much. fiscal cliff deal reached by congress delays across the board cuts by two months, but the next guest say it's no free ride for defense stocks. the executive director and senior analyst, thanks so much for joining us. this is just a temporary measure, obviously; right? staving off dealing with the problem for two months. what do you think happens then? >> well, you're right. it just pushes out the start of the
CNBC
Jan 2, 2013 9:00am EST
business. i have liked hertz. don't forget, sandy wiped out a lot of cars. this sa remarkable deal, only because one more time another player gets taken out. this business is too consolidated. and the pricing is ogolopistic. >> it's a nice premium. if you're a hertz holder, you have to why hold the stock that's down 39% last year. these are just things to consider. >> the bigger question, too, is, and i'll play the role of david faber, although i'm not as toned and fit as he is, and i'm much taller, what is -- >> that's a bit of a dig there. >> no, it's not. he's more fit than i. what kind of m & a is it going to be this year? >> i don't think budget, that ceiling is going to put a lid on buys. one of the reasons is because exactly what you talked about with europe. they're going to come here. they're going to buy. it feels like '87, '88 when they came with boat loads of money. >> and china. >> china's the new japan. >> i like that. >> if we have a demographic profile, they'll be the new japan. >> not to fear, cramer is back and ready to go. "mad dash" is coming up next. futures up almos
FOX Business
Jan 2, 2013 3:00pm EST
at legalzoom.com today. and now you're protected. liz: we have breaking news on the sandy bill. while it appeared they would not be voting on the $60 billion bill, a piece of it, strange, but a piece of it will be voted upon. the $9 billion federal flood insurance part of it related to hurricane sandy will be voted on friday. this according to representative king of the state of new york saying house speaker john boehner has agreed to hold this vote. what about the remaining $51 billion package? when congress returns on january 15, they will vote on that, but they will try to push up at least $9 billion of it for the federal flood insurance part of it related to hurricane sandy. chairman and ceo. now there is a deal, i guess people really want to know, what do the business leaders, is the deal enough where you will open not necessarily the floodgates but at least some of your pocketbook and say we are ready to bring on some more clarity? >> the compromise of a short-term fix too many challenges faced by the u.s. economy. i think this is not done, we have further erosion of consumer an
CNBC
Dec 26, 2012 5:00am EST
events may have, of course, pushed consumers to spend less this season including hurricane sandy and concerns about how tax hikes from the fiscal cliff could impact their wallets. joining us for more on the numbers is michael mcnamara of mastercard advisers. great to have you with us. many analysts, retailers had high hopes for the season. i think it's looking weaker than expected. of course we had hurricane sandy and we're dealing with the fiscal cliff, as well. what do you think the big driver was of these slower growth numbers? >> well, good morning. yes, you hit on two of the big ones. really the season tripped coming out of the starting gate with hurricane sandy. the impact in the northeast and mid-atlantic, both those regions of the country actually had negative holiday seasons for the holiday-related sectors that we track. other areas of the country that were not impacted by significant weather in the southeast, south central, mountain and west, were up 2% to 4% year over year. so really depended on where you were in the country, how but during the holiday season. >> okay.
CNBC
Dec 26, 2012 12:00pm EST
of move people would have expected. i think you have to take into account there's sandy, the tragedy up in newtown. a lot of different things. in front of us is the fiscal cliff. everybody has been talking about it. we've been talking about it. here we are past christmas getting very close to the 31st and still nothing resolved. for those reasons i think people are holding off. they're going to make some decisions later on. maybe those decisions don't happen until january. >> joe, you can blame what you want. you can say it's hurricane sandy, the fiscal cliff, discretionary the second best performing sector in the s&p here to date. is this a sign to start taking money off the table if you have it in the retailers? >> i think you categorize it by saying it's sprung a little bit of a leak. year to date, they've been strong. what do the allocations do? clearly you've looked at the u.s. economy and you've said it's been the services over the goods. money managers are taking a look at the potential recovery in manufacturing. they're looking at softening and consumer discretionary. it is on t
CNBC
Jan 2, 2013 3:00pm EST
for sandy victims. eamon javers has details on that. eamon? >> hi, bill, well, a group of lawmakers from new york and new jersey just coming before cameras here within the past couple of minutes to announce that speaker boehner has relented on the sandy aid funding, at least in part agreeing to a deal. according to new york congressman pete king. that would provide $9 billion in aid as early as this friday, and then they would agree on an additional up to 51 billion later on during the course of the month of january. obviously this has been a very contentious fight. we saw a very angry new jersey governor chris christie in the 2:00 hour holding a news conference, denouncing republicans in the house of representatives, but these republicans in the house today saying that they now have a deal and they seem fairly pleased. peter king saying he would in fact vote for boehner for speaker, despite some very heated criticism of his own of speaker boehner earlier today. guys, it looks like this hurricane sandy relief fight is over, at least for now. >> wait. how does this work? i mean, he's promisin
CNN
Jan 2, 2013 4:00am PST
president bill clinton and daughter chelsea scene visiting her yesterday. >>> students from sandy hook elementary school return to class tomorrow this is for the very first time since the horrendous massacre three weeks ago. but the children won't be back at sandy hook in that building itself. they will attend an empty elementary school a couple of miles away. newtown and how about this? irving pinsky who sought to sue the straight of connecticut, $100 million, has withdrawn the suit for now. part of the reason? the outcry, too strong. pinsky represents the parents of a 6-year-old survivor. we'll have him here on the show in the next hour. >> really controversial. a lot of people have a lot of questions for the attorney. >>> in los angeles, a photographer killed last night trying to get a shot of justin bieber. the man snapped pictures of a sports car that he thought the popstar was in. the photographer struck and killed while crossing a freeway to return to his own car. in a statement, justin bieber said he was not in the sports car, but his thoughts and prayers with the family of the
FOX News
Dec 27, 2012 10:00am PST
for their slow response from superstorm sandy and getting power turned back on for those residents who were in the dark and the cold for a couple of weeks. our plans changed a little bit last night. we decided to spend the night in clarks summit because the road conditions deteriorated and we didn't want to go farther north. the borough president told me their snow totals were down last year and they were able to stockpile some of the salt from the roadways last year and that's what they're using for this storm. council president says they're happy this first snowstorm of the season hasn't been a major blizzard for them. >> we're on a good track this year and, you know, the weather, you take what you get. and, we're going to make lemonade out of it i guess. >> reporter: and for holiday travelers trying to make it home this weather has really thrown a wrench into their plans. a jetliner in pittsburgh actually got trapped somehow in the snow on the tarmac. as far as cancellations go, there were 1600 of them yesterday. more than 500 already today. and the airports in newark, new jersey, and al
CNBC
Dec 26, 2012 9:00am EST
. but this idea that retail is soft, was it the fiscal cliff? was it sandy? was it some sentiment that came out of the newtown tragedy? it's hard to say. >> but it may be a combination of all of those. we got a sense from the guests we brought on earlier this week, on monday, that it was not a great holiday selling season, as we ended the last day before christmas. and all those may be the reasons, carl. i'm positive i didn't think people really understood the fiscal cliff. i may have been wrong. perhaps it was something that weighed on people's minds. the weather always at issue. it could actually have been warmer weather as well that contributed. we've had some analysts say that because people don't feel they have to go out and buy a coat. >> because it will never get cold again. >> except today, when it's 28 degrees. we'll see how after christmas does. internet also, it doesn't appear as online sales are up as p as anticipated. and perhaps they made up for the loss of the brick and mortar. >> you were pointing out before the show, luxury was not immune to this. you would think it would be mo
CNBC
Jan 2, 2013 6:00am EST
will end without having a vote on superstorm sandy aid. that was something that people were looking for. >> this is absolutely indefensible. the fact is every bit of documentation that was required by the leadership of the house was provided by governor cuomo, governor christie, merritt blob, everybody played -- mayor bloomberg, everybody played by the rules except tonight. indefensible. we have a moral obligation. the people are out of their homes, the people who are cold, the people without food, the people who have lost their jobs, they don't have the time to wait. we cannot just walk away from our responsibilities. >> and the senate had passed a $60.4 billion sandy disaster aid bill last week. the current session comes to an end today after the new congress gets sworn in. legislation does not, though, carry over from session to session. so consideration of an aid bill would have to start all over again if nothing is scheduled before then. joe? >> back and forth on this was whether it's direct aid or not, in the house they said that there were things that were tagged on. things for l
PBS
Dec 31, 2012 5:30pm PST
? >> well, it seems to me typical of this year which is unusual. the specific story of hurricane sandy which obviously affected millions of people and really caught the public's imaginationment but it didn't end. coverage of other hurricanes h there is a beginning, a middle and an end. the fact is what sandy did or seems to have done is to take the idea of climate change from an abstraction, something that scientists and experts debated, to something that millions of people along the east coast and in manhattan and staten island and the other boroughs in new york city experienced for themselves and it started a debate. we don't know obviously what the long-term consequences are, but it does suggest there is something different about this story and its long-term implications. >> woodruff: and it's interesting, michael, because we've had big storms in this country before. >> sure. >> woodruff: but there was something different about this one? >> i think people are getting a little more alert to it politically. and one thing that historians of the future do is if something terrible happens, if
CNBC
Dec 26, 2012 4:00pm EST
everything from hurricane sandy and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me the four horsemen and apocalypse. i have to agree with him and there's really not a lot of time left. today was going to be a very, very big day, bases where it's not being snow affected. i think you'll see a strong performance. i know i was tough, the biggest deal. the fiscal cliff killed us. retailers went deep on profession and they said, no. i thrill city nyse's will be bert. >> do you think it's getting better in 2013, bert? >> 2013 starts the retail ice age and maybe the 500 to 1,000-day retail recession. shopping centers, malls-based, starting to refinance some of them will create record vak kiss on the laws. >> which stocks speci
KBCW
Dec 30, 2012 8:30am PST
sandy hook elementary school in newtown, connecticut, and began firing. when it was over, six adults and 20 first graders were dead. >> they just babies. they shouldn't be taken away from their mother and father. >> reporter: the shooter, 20- year-old adam lanza, killed himself. it was the second deadliest school shooting in u.s. history. in july, a man opened fire during the mid-night premier of the new bat man movie in colorado. >> straight from the ceiling and took a gun and pointed it straight to my face. >> reporter: prosecutors say james holmes killed 12 people wounding 58 others. the shooting death of an unarmed florida teenager sparked protest around the country. >> no justice. >> reporter: neighborhood watchman george zimmerman argued he shot 17-year-old troy a von martin in self-defense but prosecutors eventually charged him with murder. a judge sentenced jared loughner to seven terms of life and he plead guilty to attempted murder. superstorm sandy slammed into the new york city area and left thousands homeless long the east coast. >> those are our homes. we lost everythin
CNBC
Jan 2, 2013 6:00pm EST
to be terrific. hurricane sandy wrecked hundreds of thousands of cars that need to be replaced. bloomberg surveyed a bunch of analysts and they're predicting a 9.8 increase for december. put it together and the domestic auto market is clearly on fire. in fact, it's giving rise to maybe just maybe one of my best ideas for 2013. we still got a tremendous amount of pent-up demand in the country. the average car on the road is ancient, 11 years old. it's now easy to get a loan for a new car at a super low interest rate this is a story where the easy answer is the best answer. don't try to outsmart yourself. continual theme for 2013. we're on track to sell a huge number of cars in the country, buy ford. why ford? first of all, it's the best auto company in america it likely sold 2.2 million cars in the u.s. last year. it is the first auto company to get back to the prerecession levels. the ford focus was the best-selling car on earth last year when you include the fiesta and the f-series pickup. ford makes three of the top ten best-selling cars worldwide. nobody else has that many. ford's u.s.
CNBC
Dec 31, 2012 4:00pm EST
the fiscal cliff. it's mostly going to be about sandy relief money from the superstorm. the cliff will come up, but the source said we are not going over any potential deal because there isn't one and the senate hasn't acted yet. >> but even if they're intending to talk more about sandy relief, don't you think the fiscal cliff issue is going to kind of come up? >> of course it's going to come up, but my only point is the meeting -- that's not what the meeting is about. it's a further indication that -- from the house of representatives that they don't consider this thing ripe enough that they're going to bolt and move on it tonight. >> that'll please new jersey governor chris christie and governor cuomo of new york. but you don't think that's a head fake to try and lower expectations? or not to raise them needlessly on the fiscal cliff? >> look. >> we sound skeptical, don't we? >> yes. but we're not that far from 5:00. and we're not that far from midnight. knowing the way the senate acts, the fact the senate leaders have not announced a deal. i don't think it's a trech to say that the house
CSPAN
Jan 1, 2013 3:00pm EST
destroyed. and just this fall hurricane sandy disrupted shellfisheries all along the oft coast. coastal economies such as in my home state of rhode island are threatened in other ways by sea level eyes and he can extreme storms. the rhode island economic development council notes that tourism in rhode island is at the absolute center of our summer economy. people come from all across the nation to come to rhode island in the summer to enjoy our beautiful beaches, to enjoy our sparkling bay, to sail, to participate in all of the beachside activities, and damage to that economy would be very significant. we are rebuilding from sandy so that we will be ready when our beach visitors come this summer, but it's a reminder of how important that economy is to rhode island and a reminder of how vulnerable it is to extreme weather. let's turn to the west where by august of this year more than six million acres had burned in wildfires. a new analysis by nasa predicts that by the middle of the century, we can expect to match the severity of 2012 fires every three to five years. it's going to become
CNBC
Dec 26, 2012 2:00pm EST
of hurricane sandy which was the last week of october. some of these companies don't. secondly, the survey excludes nonholiday related categories, excludes food, excludes gas, excludes building materials. well, that's a very important piece of information. that may make up for the difference. mastercard's spokesman also told me, here's a quote, put the quote up, it is possible that total retail sales, that includes all the nondiscretionary sectors, could be up north of 3%. the broader view is up 4.5% in november. now, this makes some sense. their estimates including all of the sectors, not just some of them, is closer to the national retail federation number and i think that accounts for why the differences between the surveys are so large. >> the light bulb goes on. thank you very much. go and rest that voice of yours. >>> we will check more on the retail situation later on in the show. in the meantime, rick santelli, how are things in the bond pits? >> you know, bob pisani sounds like a futures trader today. we hope he feels better. but the futures traders down here aren't hoarse at all.
FOX Business
Dec 26, 2012 3:00pm EST
was superstorm sandy that hit the big shopping areas and 5 lot of the big -- a lot of the big population centers on the east coast, and people there in new york, new england did not shop, and that was sufficient enough to bring down the numbers nationwide. there was a built of a rebound prior to christmas, but not enough to put us back on track for what the national retail federation says is their prediction for the holiday shopping season. 4.1% growth over last year, $586 billion season, but others say, no, nrf is off, and, in fact, shopper trek on monday revised from 3.3% to 2.5% growth. expect to see big sales, especially when you consider, nrf says, i think, that retailers make anywhere from 20% to 40% of revenue in the holiday shopping season, could be bad news for a lot of people. ashley: could indeed. adam, thank you very much. >> yep. ashley: there's a holiday hangover today, no doubt about, that but they have to help customers know when a sale is a sale. scott, bbc capital markets retail analyst joining me in a fox business exclusive. scott, what do you mean? people are told when a sale
CNBC
Dec 27, 2012 9:00am EST
sandy, that was a natural disaster, to think that all this really is man made, still boggles the mind. >> sickening. especially with claims back to 350, decent number this morning. >> there is a little bit of interpretation to that. to think that the government, federal government certainly was closed on monday and tuesday, some of the state government was closed for both days, one of those days as well, saying maybe it came in a little bit light. some interpretation but funny to see all the headlines crossing this morning saying the futures were moving based on claims or the treasuries based on claims numbers and not what was going on on the fiscal cliff. >> a crummy start to the year we get a fourth strike on top of all that, true. >> not such a crummy year for japan. japanese stocks rallying you can the yen continuing its slide against the dollar in all the major currencies, in fact. asian markets mixed overnight trading. the nikkei climbing to a closing level not seen since just before the march 2011 earthquake, marking a third day of gains, mostly drive bine hopes for a new stimu
CSPAN
Dec 31, 2012 8:00pm EST
the emotional logic. and with sandy you can't warg the storm. you know? the storm will come an it will mash your house. even if -- even if you're ann coulter, it will smash your house. i'm sorry. so we have to really understand that this is more of about internalizing science and making the science become a part of the cultural vocabulary. the thing about this huge crowd of misinformation is that essentially people are very naive and the arts can help make and catalyze more of an emotional discussion because the flurms already speak. we've had record level droughts. we've had record level fire storms. of course now storms. colorado, texas, the list goes on of places that have been hammered. and you know, you have to be an absolute fool or somebody like george fwoush not process that. but you still -- it's increbled. people -- you still have to point out. your house is on fire. and they're like really? you know, anyway, that's my take on it as a downtown d.j. >> let's try get one short question from the gentleman. i promise. this will be the last question and the last answer on the left. >> thank
CNBC
Dec 31, 2012 4:00am EST
happened at sandy hook elementary does not happen again. ultimately, the way this is going to happen is because the american people say, that's right. we are willing to make different choices for the country and we support those in congress who are willing to take those actions. and will there be resistance? absolutely, there will be resistance. and the question then becomes whether we are actually shook up enough by what happened here, that it does not just become another routine episodes where it gets a lot of attention for a couple of weeks and then it drifts away. it certainly won't feel like that to me. this is something that -- you know, that was the worst day of my presidency and it's not something that i want to see repeated. >> let me ask you about a couple of foreign policy notes. after the attack in benghazi, is there a need for more accountability this doesn't happen again and do you know who was behind the attack at this point? >> two points. number one, i think tom pickrick and mike mullen who headed up the review board did a very thorough job in identifying what were s
MSNBC
Dec 29, 2012 5:00am PST
, for example, after katrina, just like after sandy up here in new jersey and new york, a city turned into the largest construction site in the world. right? an entire city. and what happened? workers who were sourced through temp agencies last year in our membership, their two-person household income was 7,500 a year. they are bargaining for higher wages and if they succeed, they will be earning 20 to $40 an hour in that industry. that will lift conditions. that will be the rising tide. >> but, look, unless that changes the share that has to come out of some other worker's pocket. that's where the union worker's wage came from, was from the minority. >> people -- minority made extraordinary less and that essentially -- >> let me say this. >> this is a -- in economics this is very old. in early stages whenever they would trade unions, there were people who said there's a fixed pot for a worker to get. those who make a union and get it will deprive others and radicals, of whom i'm a part, had to come in and say there's nothing fixed about what labor gets. and you need to understand tha
FOX News
Dec 29, 2012 11:00am PST
of the year is new york and new jersey and conduct during hurricane sandy. half of them without power, subways, no gas, scenes looked like out of the dresden fire bombing. civilization didn't fall away. there was no crime or violence and things will be look better not morning. it's a testament to resilience and grace under pressure. >> paul: my piss mis go to john roberts for his ruling that the affordable care act is constitutional. he agreed with the four conservatives that the law violated the commerce clause of the constitution which was the
FOX News
Dec 30, 2012 12:00pm PST
york and new jersey with hurricane sandy. half of them without power. subways, no gas, scenes looks like it's out of the dresden fire bombing but civilization did not fall away. there was no crime or violence. people did the best they could and things will look better in the morning. it's a testament to resilience and grace under pressure. >> paul: my miss goes to chief justice john roberts for his ruling that the affordable care act is constitutional. he agreed that it violated the commerce
FOX News
Dec 31, 2012 3:00pm PST
the tax deal they are striking with the framework tonight. hurricane sandy recovery billion is $60.4 billion. it's about the same annually. >> preclintonnian tax and spend democratic philosophy. you take in $60 billion a year from the rich. and it's simply you spend half of that on unemployment insurance. the rest of is it spent on all the credits, tax credits which are going to be undone. which will be retaped. if a cliff is avoided and the deal was accepted. you take the money and you spend money. this would increase the debt and deficit. republicans have one choice in the house. i don't know if boehner is able to do it. we'll go over the cliff of midnight tonight. the rates will be at the high rate. the bush tax cut will be over. if boehner is smart and the republicans including the conservatives in the caucus are smart, they would accept that, because there is no way it will be stopped. on thursday, the new republican house, should pass a bill, stand-alone bill that abolishes -- well, say that in reenacts the bush cuts for everybody up to $450,000. do it as a straight tax reduc
CSPAN
Dec 27, 2012 5:00pm EST
believes is an irrational alternative. we have many of our fellow citizens battered by sandy, one of the largest storms to hit the northeast ever. the senate is now considering a foreign intelligence surveillance act, legislation to keep our country safe and secure. we have doctors who are worrying about whether they will be reimbursed for their medical expenses they delivered to senior citizens. we have an alternative minimum tax that will expire december 31, resulting in a tax increase to many of our citizens. tax extenders that have not been extended. a jobs bill that the president has asked for that has not been considered, much less passed. mr. speaker, we ought to be here working. addressing these challenges. everywhere that you and i go -- what are you doing with the fiscal cliff? i hope you are working on the fiscal cliff. mr. speaker, lamentably and must tell them we are not working. we are not here. we're not addressing the challenges i have just mentioned. mr. speaker, i would hope that the speaker of the house would call us back immediately to address these challenges.
CNBC
Dec 26, 2012 5:00pm EST
crisis, we've had, you know, we've had the elections, we've had super storm sandy, we've had so many events, fiscal clifr, of course, being rerated by s&p. >> but the number one thing we're not talking about is the fed. you have this unbelievable accommodating monetary policy and a signal from the fed they're going to continue that to the tune of a trillion dollars a year. so, that's why the things has been conventional. this has been anything but a conventional year. if you didn't have that level of stimulus, i think the market would have gone a little sideways this year. >> right. let's talk about the big trades in today's session, from trash to treasure. can some of 2012's biggest losers be the best bets for 2013. this is, in fact, what we saw in today's session. these are some of the worst performers of the year, but in today's market, today's session, they actually led the markets. research in motion was a head scratcher of a move. >> the research in motion is very interesting, because i thought the move was over last week when it had that, seemed to be a blowoff short-term top
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